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The Australian Banking Association (ABA) is the information source for the news media on the Australian banking industry, providing information, analysis and context on industry issues.

The ABA plays an active role in the public dialogue on banking and financial services, providing commentary on broader industry issues and facilitating access to other sources of information.

For media inquiries contact [email protected] or 0475 741 007.


Media Releases
Interim Report of the Royal Commission
28 September 2018

Today’s release of the interim report of the Royal Commission into Financial Services, Insurance and Superannuation, marks a day of shame for Australia’s banks.

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Media Releases
ASIC review into breach reporting obligations
25 September 2018

Today’s release of the ASIC report into compliance with breach reporting obligations shows that banks need to identify, report and fix issues more quickly to regain customer trust and ensure they comply with the law.

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Media Releases
Help on offer for farmers affected by fruit sabotage
19 September 2018

Australia’s fresh fruit farmers, including strawberry farmers, affected by the ‘fruit sabotage’ issue are being urged to contact their bank to access the assistance on offer which can include deferred loan payments, waiving fees and restructuring loans.

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Media Releases
New Banking Code standards should be adopted by entire industry
7 September 2018

The new Banking Code of Practice standards, recently approved by ASIC, should be adopted across the entire industry and include banks which aren’t members of the Australian Banking Association (ABA) such as credit unions, building societies and other lenders to ensure there are no gaps in protections for customers.

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Speech
Address to the COSBOA Vodafone National Small Business Summit
31 August 2018

Speech by Anna Bligh, Chief Executive of the Australian Banking Association, to the COSBOA Vodafone National Small Business Summit.

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Media Releases
No more volume-based bonuses for mortgage brokers
28 August 2018

Australia’s mortgage broking industry has ended the use of volume-based bonus commissions, campaign-based commissions, and other volume-based bonus payments. This is one of the main findings of an interim report prepared by the Combined Industry Forum.

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Media Releases
Statement from Anna Bligh
7 August 2018

Restoring trust and confidence in Australia’s banks through an open and transparent industry is the joint goal of Government, regulators and the sector. Banks will work proactively and in good faith with ASIC on the measures announced today to improve monitoring of regulation and increase the transparency of the financial services industry.

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Media Releases
Response to Productivity Commission final report
3 August 2018

Australian banks welcome competition and compete not only through price, but through constant innovations to product features and experiences. Banks are constantly working to ensure customer satisfaction and the availability of quality products.

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Publication
Historic Version of Banking Code of Practice (Aug 2018)
1 August 2018

Superseded version – this is the original version of the Banking Code of Practice approved by ASIC and published in August 2018. It does not included amendments approved by ASIC in June 2019.

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Media Releases
A new higher standard in Australian banking
31 July 2018

Australian bank customers will be the big winners from the approval of the new Banking Code of Practice by the Australian Securities and Investments Commission.

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Media Releases
Help on offer for drought affected farmers
9 July 2018

Farmers affected by the worsening drought crisis in NSW and Queensland are being urged to contact their bank to access assistance on offer which can include deferred loan payments, waiving fees and restructuring loans. The drought assistance has been readily available during the drought, already helping many customers.

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Media Releases
Cash payment limit will help stamp out black economy
5 July 2018

Australia’s banks have today backed the Federal Government’s move to limit cash payments to $10,000 to tackle the ‘black economy’, however have highlighted the need for any reform to be implemented carefully.

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Media Releases
Statement from Anna Bligh, CEO
4 July 2018

Australians use credit cards for a wide range of reasons, from paying for that overseas holiday to helping spread out payments and reduce financial stress when several bills come in at once.

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Media Releases
Statement from Chairman Shayne Elliott
29 June 2018

Today the Australian Banking Association has elected David Carter, CEO of Suncorp as new Deputy Chair to replace the retiring Mike Hirst.

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Media Releases
Hardship customers protected in new credit regime
29 June 2018

Australia’s four major banks have reached an agreement to protect vulnerable customers from being unfairly treated in the new mandatory Comprehensive Credit Regime.

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